People Counting System Market Size - By Type, By Technology, By Mounting Platform, By End User, By Connectivity, By Product, By Offering - Regional Outlook, Competitive Strategies and Segment Forecast to 2032
Global People Counting System Market Overview
According to SPER Market Research, the Global People Counting System Market is estimated to reach USD 3.52 billion by 2032 with a CAGR of 12.43%. The expansion of the global market share for people counting systems is being driven by recent innovations. These new advancements will entice end users to invest in cutting-edge people counting equipment. Additionally, when more new products are released, there will be more competition among market sellers, which will lead to innovation and difference. During the projected period, these factors are anticipated to fuel the global market for people systems.
Impact of COVID-19 on the Global People Counting System MarketThe COVID-19 epidemic has had an impact on people counting system sales across the globe. However, it has created both possibilities and difficulties for the ecosystem's players. For instance, COVID-19 has had the greatest impact on businesses that offer unidirectional people counting systems using Wi-Fi, Bluetooth, and pressure mat-based technology since they are unable to support end users in maintaining social distance.
Scope of the report:Market size available for the years 2019-2032
Base year considered 2021
Forecast Period 2022-2032
Segments Covered By Type, By Technology, By Mounting Platform, By End User, By Connectivity, By Product, By OfferingRegions Covered Asia Pacific, Europe, Middle East and Africa,North America, Latin America
Companies Covered Axiomatic Technologies Corporation, Axis Communications AB, Countwise, Dilax Intelcom GmbH, Eurotech, Flir Systems Inc, FootfallCam, Giga-Byte Technology Co., Ltd.,Global People Counting System Market Segmentation:By Technology:Based on the Technology, Global People Counting System Market is segmented as; Infrared Beam, Thermal Imaging, Video-based Technology, Others (Computer Vision and Wi-Fi Counting).
By End User:Based on the End User, Global People Counting System Market is segmented as; Retail, Supermarkets, & Shopping Malls, Transportation, Hospitality, Corporate, BFSI, Healthcare, Others (Government, Media & Entertainment, Sports, Among Others).
By Region:The majority of worldwide industry revenue came from North America, which also led the sector globally. The expansion is explained by the presence of technologically advanced stadiums, banks, theme parks, shops, and shopping centres. Additionally, there are several airports, which is increasing demand for visitor tracking and counting systems.